Meridian Wealth Management LLC Increases Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Meridian Wealth Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 6,288 shares of the company’s stock after buying an additional 242 shares during the quarter. Meridian Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,127,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Halpern Financial Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth about $26,000. Barrett & Company Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $27,000. Voisard Asset Management Group Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $27,000. OLD Second National Bank of Aurora purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $27,000. Finally, Centennial Bank AR bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $29,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.4 %

QUAL opened at $182.75 on Friday. The company has a market cap of $48.23 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The stock has a fifty day simple moving average of $180.16 and a two-hundred day simple moving average of $173.87. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63.

iShares MSCI USA Quality Factor ETF Company Profile

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector.